Eiopa: Europe’s new pensions overseer

As the sight of French students rioting in Lyon last year demonstrated, it is hard enough to reform a pension system in one country. But the new European pensions super-regulator, and its chairman-elect Gabriel Bernardino, have to get to grips with 27.

The European Insurance and Occupational Pensions Authority came into existence on January 1, one of the three new super-regulators created in response to the financial crisis. It must address issues such as whether to apply strict solvency regulations, originally intended for...